---

World Paper Money > Timor

---

---

Banco Nacional Ultramarino
17 5 Patacas 16.11.1945
Grade: VF    

---

Huts and arms/steamship seal. Pressed; for accuracy, slight indications of mounting on back. Very difficult in any grade; we have not offered this type in fourteen years and, despite close serial number proximity, this example has a different signature combination than the other.

---